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Balance sheet of Rapid Fleet Manage is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Rapid Fleet Manage is increasing.
Latest debt of Rapid Fleet Manage is ₹3.73 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹5.46 Crs.
Yes, profit is increasing.
The profit of Rapid Fleet Manage is ₹8.07 Crs for Mar 2024, ₹4.71 Crs for Mar 2023 and ₹3.4 Crs for Mar 2022
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Rapid Fleet Manage latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets